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NexGen Hotels acquires Hotel Versey in Chicago

The 137-room hotel is the company’s first acquisition of the year

NexGen Hotels acquires Hotel Versey in Chicago

NEXGEN HOTELS RECENTLY acquired the 137-room Hotel Versey in Chicago, Illinois. The boutique property will be managed by Genuine Hospitality Group of St. Louis. The acquisition marks the first for NexGen in 2024, under the leadership of Chris Patel as president.

In November and December, the company acquired around three hotels within a few weeks.


“The Hotel Versey has been on our radar for a long time as it is steeped in rich hospitality tradition that dates back to the 1920s,” said Patel. “We hope to continue on with this tradition with this completely one-of-a-kind hotel.”

The hotel is located near 1920s Diversey Arms building, a Northside Chicago landmark that once served as the home of jazz musician Bix Beiderbecke. Additionally, it is close to Wrigley Field, Lake Michigan, Lincoln Park Zoo, DePaul University, and the Peggy Notebaert Nature Museum.

In December, NexGen Hotels acquired EVEN Hotel Miami – Airport in Miami, marking its third acquisition in a span of two weeks.

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IAAC Seeks FBI Probe on Hate Speech Against Indians
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IAAC seeks FBI action on hate speech

Summary:

  • IAAC urged the FBI to investigate rising hate speech and violent rhetoric targeting Indians.
  • Right-wing SM accounts have called for “mass violence against Indians,” the council said.
  • The council also praised those defending the Indian American community.

THE INDIAN AMERICAN Advocacy Council urged the Federal Bureau of Investigation to investigate a rise in hate speech and violent rhetoric targeting Indians. Indian Americans fear rising online threats that advocacy leaders say could endanger lives.

With Indians holding more than 70 percent of work visas, social media has seen a rise in racist posts, with users telling Indians to “return home” and blaming them for “taking” American jobs, according to Hindustan Times.

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